Huaxin Cement Co (SHSE:600801) Interest Expense : ¥-712 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Huaxin Cement Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huaxin Cement Co's interest expense for the three months ended in Mar. 2024 was ¥ -200 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-712 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Huaxin Cement Co's Operating Income for the three months ended in Mar. 2024 was ¥ 541 Mil. Huaxin Cement Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -200 Mil. Huaxin Cement Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.70. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Huaxin Cement Co Interest Expense Historical Data

The historical data trend for Huaxin Cement Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Huaxin Cement Co Interest Expense Chart

Huaxin Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-246.12

-200.58

-272.64

-377.26

-649.72

Huaxin Cement Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-138.25	-177.52	-163.22	-170.73	-200.47

Huaxin Cement Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-712 Mil.

Huaxin Cement Co (SHSE:600801) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Huaxin Cement Co's Interest Expense for the three months ended in Mar. 2024 was ¥-200 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥541 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥14,753 Mil.

Huaxin Cement Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	540.795	/	-200.472
	=	2.70

The higher the ratio, the stronger the company's financial strength is.

Huaxin Cement Co (SHSE:600801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huaxin Cement Co Ltd (SHSE:600801) » Definitions » Interest Expense

Traded in Other Exchanges

06655:Hong Kong

Address

No.426, Gaoxin Avenue, Tower B, Huaxin Tower, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073

Website

https://www.huaxincem.com

Huaxin Cement Co Ltd is engaged in the production and distribution of cement, ready-mix concrete, cement equipment, and cement packaging products. It is also engaged in environmental protection, equipment manufacturing, EPC engineering, Project consulting, and high-tech building materials. Its products include 32.5 type cement, 42.5 type and above cement, Commercial clinker, Concrete, Aggregate, and others. Its geographical segments include China, Tajikistan, and Cambodia, out of which the majority of the revenue is generated from China.

Executives

Chen Qian	senior management
Li Ye Qing	Director
Ming Jin Hua	Supervisors
Liu Feng Shan	Directors, senior managers
Ye Jia Xing	senior management
Xu Gang	senior management
Liu Yun Xia	senior management
Mei Xiang Fu	senior management
Yuan De Zu	senior management
Wang Jia Jun	senior management
Yang Hong Bing	senior management
Ke You Liang	senior management
Du Ping	senior management
Zhang Lin	Supervisors
Peng Qing Yu	Supervisors

Huaxin Cement Co (SHSE:600801) Headlines

No Headlines